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TomTom cuts 300 jobs

The firm said it was realigning its organization as it embraces AI.

Aldar nets $953m in sales at Fahid

Aldar said 42 percent of the buyers are under the age of 45.

Qualcomm to Alphawave for $2.4 bn

The deal makes Alphawave the latest tech company to depart London.

Equinor signs $27 bn gas deal

The 10-year contract was signed with Centrica.

ADNOC Drilling secures $1.15bn contract

The contract for two jack-up rigs begins in the second quarter.
  • Iran calls for expansion of ties between Tehran and Ankara

    Tehran, Iran-- Iran has called for expansion of ties between Tehran and Ankara after the victory of the incumbent president...

    The Iranian foreign minister said that Tehran hopes to achieve close cooperation between the two neighbors during Turkish president's new term

    The Turkish foreign minister emphasized continuity in relations between Turkey and Iran, adding that he will do his best to help develop bilateral relations

  • US official meets UAE diplomats to discuss climate change

    DUBAI, UAE - US special climate envoy John Kerry has met senior Emirati officials in Abu Dhabi, including the head of...

    Oil producers have for year touted carbon capture as a potential global warming solution.

    With little investment, carbon capture technology is nowhere near the scale needed to make a significant difference.

  • NATO urges Turkey to pass Sweden’s NATO membership plea

    Istanbul, Turkey - NATO chief Jens Stoltenberg on Sunday called on Ankara to drop its opposition to Sweden's bid to join...

    "Sweden has taken significant concrete steps to meet Turkey's concerns," NATO chief Stoltenberg told reporters after meeting President Recep Tayyip Erdogan.

    Erdogan has accused Sweden of being a haven for "terrorists", especially members of the Kurdistan Workers' Party (PKK), a group blacklisted by Turkey.

  • Protesters in Morocco demand government act on cost of living

    CASABLANCA, MOROCCO -  Hundreds demonstrated on Sunday in Morocco's economic capital Casablanca to protest against the surging cost of living in...

    Morocco has seen months of rising prices, particularly of food, fuel and other basic staples, in part due to recurrent drought.

    Year-on-year inflation slowed in April to 7.8 percent, after 10.1 percent in February and 8.2 percent in March, according to official figures.

  • US, Saudi Arabia urge truce talks between warring Sudan groups

    The last truce was agreed to allow desperately needed humanitarian aid and safe passages into areas of Sudan ravaged by...

    A five-day extension of a US- and Saudi-brokered but oft-ignored truce formally expired Saturday evening.

    The Saudi and US mediators nonetheless called for "the parties to agree to and effectively implement a new ceasefire.

  • How chocolate could counter climate change

    Biochar, a substance produced by heating the cocoa husks in oxygen-free environment, could be used to capture 2.6 billion of...

    While the biochar industry is still in its infancy, the technology offers a novel way to remove carbon from the Earth's atmosphere, experts say.

    Across Europe, biochar projects have begun to multiply. The biochar industry federation says production is set to almost double to 90,000 tons this year compared with 2022.

  • Syrian leaders want UN to re-begin talks with President Assad

    Syria's opposition urged the resumption of moribund United Nations-sponsored talks with the regime of President Bashar al-Assad, who has returned...

    The statement called for a solution in line with UN Security Council resolution 2254, which set out a roadmap for a political transition.

    Last month, regional leaders welcomed Assad back to the Arab League at a summit in Saudi Arabia - his first appearance at the pan-Arab body.

  • Sharjah Chamber concludes successful 5-day trade mission to India

    SHARJAH, UAE - The Sharjah Chamber of Commerce and Industry (SCCI) has successfully concluded its trade mission to India after...

    The trade mission visited New Delhi and Mumbai to discuss potential investment opportunities.

    The business gatherings has served as an effective platform to discuss potential investment advantages.

  • Workshops on suspicious transactions in gold, precious stone sector in UAE

    ABU DHABI, UAE -  UAE Ministry of Economy organized two workshops, in Arabic and English, to promote the awareness of...

    The workshops made the traders and business owners aware of the necessity of reporting suspicious transactions to the Financial Intelligence Unit.

    This will contribute to enhance the competitiveness of the gold sector and its development in line with international best practices.

  • Saudi Arabia rises three ranks in education impact on UN SDGs

    Riyadh, Saudi Arabia -- Saudi Arabia has advanced three ranks in the Times Higher Education Impact Rankings in 2023, with...

    The number of Saudi universities was 22 in 2022 within the international ranking, which sorts universities that impact achieving the United Nations Sustainable Development Goals.

    The 17 goals adopted by all United Nations member states in 2015 aim to end poverty, protect the planet, and ensure prosperity for all by 2030.